Taman Industri Machang Indah
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
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Market Snapshot
CommercialRM 415,000
RM 124 psfMedian transaction price
Taman Industrial Permatang Batu, Jalan Permatang Batu, 14000 Bukit Mertajam, Penang, Malaysia
MapsTaman Industri Machang Indah in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 124.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 360K to RM 470K, and a typical market range of RM 330K to RM 500K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 124, with core pricing between RM 109 and RM 139. Market pricing typically extends from RM 109.50 to RM 138.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.